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To: PaulW who wrote (29662)2/19/1998 9:42:00 AM
From: BillyG  Read Replies (1) | Respond to of 50808
 
Twentieth Century Fox to Release Product on Divx; Fox Joins Four Other
Studios in Support of Divx

BEVERLY HILLS, Calif. and HERNDON, Va., Feb. 19 /PRNewswire/ -- Twentieth
Century Fox Home Entertainment (TCFHE) and Digital Video Express, LP (Divx)
have reached a multi-year agreement that will allow for TCFHE feature film
video products to be released on Divx discs. Plans call for new video titles
to be made available on Divx concurrent with their VHS rental and major
promotion sell-through release. A selection of catalog products also will be
made available on Divx.
Twentieth Century Fox joins four other motion picture studios in
supporting the Divx system, an enhanced DVD (Digital Versatile Disc) model
that provides greater consumer convenience and flexibility, digital-quality
picture and sound, and increased anti-piracy protections.
"We believe that Divx is a great proposition for the growing number of
consumers entering the digital video marketplace," noted Pat Wyatt, acting
head of Twentieth Century Fox Home Entertainment. "Given the significant
anti-copy safeguards that Divx offers, we feel our film assets will be
sufficiently protected to allow for their day and date release with VHS."
"Fox's support of Divx is terrific news for at-home video audiences as it
expands the number of titles available on a digital disc," said Richard L.
Sharp, chairman and chief executive officer, Divx. "Beginning later this
year, the remarkable dramas, comedies and action films that movie lovers have
come to expect from Twentieth Century Fox -- such as ALIEN RESURRECTION, THE
EDGE and THE FULL MONTY -- will be available in a high-quality, convenient
digital format."
The Divx system enables consumers to purchase a special, encrypted movie
disc that contains a two-day viewing period. The 48-hour viewing window
begins, not when the consumer leaves the store, but only after he or she
inserts the disc into the Divx player and presses play, either on the day of
purchase, the following week or months away. Because the disc never has to be
returned, there are never any late fees, and additional viewing periods can
easily be purchased through the player. Divx-equipped players will play all
basic DVD discs, but the lower-cost Divx discs cannot be played on basic DVD
players.
Other studios with long-term agreements with Divx include Disney,
Paramount, Universal and DreamWorks.
Twentieth Century Fox Home Entertainment is a subsidiary of Twentieth
Century Fox Film Corporation, a News Corporation company. Recognized as an
innovative global industry leader, Twentieth Century Fox Home Entertainment is
the marketing, sales and distribution company for all FoxVideo and Fox
Interactive products. Visit Twentieth Century Fox Home Entertainment on the
Internet at www.foxhome.com.
Digital Video Express, LP is a partnership of Richmond-based Circuit City
Stores, Inc. (NYSE:CC, KMX), the nation's leading consumer electronics
retailer, and a prominent Los Angeles entertainment law firm. More
information can be obtained about Divx on the Internet at www.divx.com.

SOURCE Digital Video Express, LP
/CONTACT: Steven Feldstein of Twentieth Century Fox, 310-369-5369; Josh
Dare, of Digital Video Express, 804-418-8237; or Ann Collier of Circuit City
Stores, 804-527-4058/
/Web site: divx.com or foxhome.com
(CC)

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